Last week’s post reviewed tips for financial solvency during an individual’s twenties. Some of the advice included: building an emergency fund, paying off credit card debt and taking a chance with the job that a person loves. But what happens when Kansans move into their thirties? Below are some tips for financial survival.

In the twenties it was advised to open an IRA, but in the thirties it is time to become a confident investor. It is time to develop a strong financial knowledge and start making good investment decisions. As individuals become more established, they should begin to max out their retirement contributions. This is the best way to ensure self-sufficiency during retirement.

This may also be the right time to get life insurance. Life insurance ensures that the people that count on you for financial stability will be taken care of in the event of your death. The thirties are a good time to pay off student loans so that this debt will not continue to haunt you. The final tip is not about creating financial wealth. It’s about a spirit of giving. Begin to give to charities, either through volunteering, or a financial contribution.

For some, the thirties do not bring greater financial stability. Instead, a job loss or major illness can halt an individual in his or her financial tracks. In this situation, it may be helpful to seek personal bankruptcy. A chapter 7 or chapter 13 bankruptcy filing may be the right tool to create a fresh financial start.

Source: The Huffington Post , “5 Things You Can Do Every Decade For a Bright Financial Future,” August 7, 2014

Source: The Huffington Post , “5 Things You Can Do Every Decade For a Bright Financial Future,” August 7, 2014

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